CDB introduces new account
by Rohana Jayalal
Citizens Development Business Finance PLC (CDB) launched an
innovative Salary Plus Savings Account having recognised the importance
of proper income management and inculcating the savings habit among the
people, expanding its financial solutions portfolio.
Any salaried person or professional over 18 is eligible to open a
Salary Savings Account and customers can easily make withdrawals using
the CDB international Visa debit card with access to the leading and
largest ATM network in the island while using the card to buy from
millions of Visa merchants the world over.
CDB Salary Plus Savings account-holders will receive an attractive
savings interest rate of 6.5% along with a host of other benefits. An
account-holder will receive personal loan facilities of up to 15 times
his salary.
The account also has a 'quick cash' facility, with customers
receiving cash amounting to twice their net salary, swiftly and easily.
Among other facilities offered are pre-approved leases and unlimited
standing orders, which can be created free. Customers can also opt to
receive free SMS alerts on account activity, allowing for tracking
expenses on the go.
The Salary Plus Savings account and app are part of CDB's commitment
to encourage a culture of savings in the country. The CDB as one of the
leading players during the past two decades among the NBFIs in the
country, extends its services through a network of 59 outlets islandwide.
"As a company deeply rooted in the community, we pride ourselves on
creating solutions that meet and even exceed customer's expectations.
The Salary Savings Account was created for those who find it difficult
to save large amounts while meeting daily expenses. Thanks to this
account, people can now realise their aspirations," said Director, Chief
Credit and Marketing Officer, CDB, Sasindra Munasinghe.
"We strive to keep up with modern technology trends and have created
an innovative free app, which allows busy customers to easily track
their expenses," he said.
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